Home › News Updates › TechTarget Reveals MarketsandMarkets as their Major Reference for 5G Infrastructure Market
MarketsandMarkets was recently mentioned by TechTarget in their article on the global 5G infrastructure market, explaining the current and future market scenario
Over a passage of time, wireless networking has witnessed a dramatic transformation with the advancements in technology and significant rise in the number of mobile devices across the globe. The global 5G infrastructure market is estimated to be valued at USD 2.86 Billion in 2020, and it is further projected to reach USD 33.72 Billion by 2026, growing at a huge CAGR of 50.9% between 2020 and 2026. This growth can be contributed to the increasing demand for mobile data services, growing importance of software implementation in communication networks, the growth of machine-to-machine (M2M) communication in industries, and growing demand for high speed and large network coverage.
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Report mentioned in the above news is,
5G Infrastructure Market by Communication Infrastructure (Small Cell, RAN, Macro Cell), Network Technology (SDN, NFV, MEC, FC), Chipset Type (ASIC, RFIC), Application (Automotive, Consumer Electronics, Retail), and Geography - Global Forecast to 2026
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